Octave Specialty Group (OSG)
NYSE:OSG
OSG Stock Chart & Stats
$5.20
--
Market closed
$5.20
--
Day’s Range― - ―
52-Week Range$4.46 - $10.38
Previous CloseN/A
VolumeN/A
Average Volume (3M)749.19K
Market Cap
$211.72M
Enterprise Value$270.70M
Total Cash (Recent Filing)$68.44M
Total Debt (Recent Filing)$127.41M
Price to Earnings (P/E)―
Beta0.94
Next Earnings
May 11, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding44,951,912
10 Day Avg. Volume528,569
30 Day Avg. Volume749,192
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.51
Price to Sales (P/S)1.46
P/FCF Ratio-7.02
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue1.08
Enterprise Value/Gross Profit1.33
Enterprise Value/Ebitda-6.70
Forecast
1Y Price Target
$15.00Price Target Upside188.46% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.33
Revenue Forecast (FY)$69.79M
Bulls Say, Bears Say
Bulls Say
Rapid Top-line ExpansionSustained, large revenue growth in 2025 demonstrates the company is scaling core businesses (Insurance Distribution and Ventures). Durable top-line expansion increases potential for operating leverage, supports investment in MGAs and technology, and underpins long-term margin improvement if growth converts to profitable scale.
Materially Improved LeverageA substantially lower debt-to-equity ratio reduces financial risk and preserves balance sheet optionality. This healthier capital structure supports ongoing M&A, funding of MGAs, and absorbs cyclical underwriting volatility, making the firm more resilient over multiple quarters of scaling and operational transition.
High-margin Assets, Margin Trajectory And Clear GuidanceAcquisition of high-margin A&H (ArmadaCare) plus improving Insurance Distribution margins and explicit 2026 targets indicate management is stacking durable, higher‑quality earnings. If distribution and acquired assets sustain mid-20s and 40% EBITDA characteristics, consolidated profitability and free cash conversion should structurally improve as scale is realized.
Bears Say
Persistent Large Net LossesContinued multi-year net losses erode returns and constrain reinvestment from internal funds. Large negative margins imply that until adjusted profitability converts to reported profitability, shareholder returns and retained earnings will lag expectations and external financing or equity dilution may be needed to fund growth or cover impairments.
Volatile And Negative Cash GenerationA material 2025 cash burn undermines financial predictability and increases reliance on external financing for M&A, startup MGAs and NCI buy-ins. Persistent cash volatility limits flexibility for capital allocation, raises refinancing risk, and can delay investments needed to achieve the management margin and scale targets.
Start-up Drag And Elevated Corporate CostsA large cohort of early-stage MGAs and related start-up losses create recurring headwinds to consolidated adjusted EBITDA and push G&A ratios higher until scale is reached. This multi-quarter drag can slow margin convergence, prolong the path to positive reported earnings, and heighten execution risk around incubation and integration.
Octave Specialty Group News
OSG FAQ
What was Octave Specialty Group’s price range in the past 12 months?
Octave Specialty Group lowest stock price was $4.46 and its highest was $10.38 in the past 12 months.
What is Octave Specialty Group’s market cap?
Octave Specialty Group’s market cap is $211.72M.
When is Octave Specialty Group’s upcoming earnings report date?
Octave Specialty Group’s upcoming earnings report date is May 11, 2026 which is in 45 days.
How were Octave Specialty Group’s earnings last quarter?
Octave Specialty Group released its earnings results on Feb 23, 2026. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.147 by $0.127.
Is Octave Specialty Group overvalued?
According to Wall Street analysts Octave Specialty Group’s price is currently Undervalued.
Does Octave Specialty Group pay dividends?
Octave Specialty Group pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Octave Specialty Group dividends here
What is Octave Specialty Group’s EPS estimate?
Octave Specialty Group’s EPS estimate is 0.03.
How many shares outstanding does Octave Specialty Group have?
Octave Specialty Group has 44,951,912 shares outstanding.
What happened to Octave Specialty Group’s price movement after its last earnings report?
Octave Specialty Group reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.147. Following the earnings report the stock price went down -9.752%.
Which hedge fund is a major shareholder of Octave Specialty Group?
Currently, no hedge funds are holding shares in OSG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Octave Specialty Group Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.00 (188.46% Upside)
$15.00 (188.46% Upside)
Blogger Sentiment
Bullish
OSG Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 37.3K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-31.50%
12-Months-Change
Fundamentals
Return on Equity
-30.98%
Trailing 12-Months
Asset Growth
-78.42%
Trailing 12-Months
Company Description
Octave Specialty Group
Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialty property and casualty insurance distribution services, which include managing general agents, underwriters, insurance broker, and other distribution and underwriting businesses. The company was formerly known as Ambac Financial Group, Inc. and changed its name to Octave Specialty Group, Inc. in November 2025. The company was founded in 1971 and is headquartered in New York, New York.
OSG Company Deck
OSG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a constructive growth story driven by a rapidly scaling Insurance Distribution platform, strong organic and Ventures revenue growth, margin improvement in distribution, accretive high-margin acquisition (ArmadaCare), AI/tech differentiation, and clear 2026 guidance. These positives were offset by transitional reported losses driven by acquisition and one-time corporate costs, impairments, start-up investment drag, and near-term pressure in some P&C pricing areas. Management framed the negatives as largely transactional and part of a multi-year scaling strategy, with several metrics (adjusted EBITDA, distribution margins, Ventures growth, combined ratio) trending favorably toward management targets.View all OSG earnings summariesOSG Stock 12 Month Forecast
Average Price Target
$15.00
▲(188.46% Upside)
Ownership Overview
5.55% Insiders
13.60%
Mutual Funds
23.66% Other Institutional Investors
45.72% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---